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20110731
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require europeans to be supportive and brazil and china and india to also no longer pretend like they are sub-saharan africa. i believe that the africans can help us do that. i was against the view of dumbing doha down. i wanted to and i get a deal on an enemy, so i was making a case for being more bold and aggressive. in the u.s. constitutional system, everything has to go back to congress, but i honestly think that if you are not doing it, the congress is not going to do it for you. it is not going to come -- you will not get a trade deal driven by congress. you need someone in the united states to organize this with a condition and a vision. you also have to help people adjust to change. the other place where the united states has not kept up is that we have an unemployment insurance system that is 80 years old. we have a trade adjustment assistance program that is 50 years old. you have a workforce investment act that is 30 years old. why not take these tens of billions of dollars and ask yourself, is this the system we would design to get people back into jobs in an economy
whether you are in africa, china, india, or others. the bigger picture here is a combination of dealing with the substantive challenges that the u.s. and europe places, but also a sense about what role they will play in shaping this future international system that has some incredible opportunities. what does not have to look at doom and gloom in this. africa is going on average about 5% for a decade. there are lots of opportunities there. private capital is going there. china has gone 9.9% in 30 years. there are great opportunities, but there -- but they have to be seized. we got to figure out how developed and emerging markets work together in a different way than they did in the past. >> bob, another news item that is getting a lot of justified attention is the food crisis in eastern africa where 11 million people are at risk in the current drought. i know the world bank is taking immediate action in the crisis. what can be done to address the longer-term food problem in developing countries? >> well, again, there is the danger an opportunity with this. the opportunity is that if we
are used to this in the united states, but in china and india, if we have not had this information. this information can lead to some of the panic and volatility situations. rather than try to control prices, which is not going to work, it makes sense to focus on those most vulnerable and most in need tariff one of the things we started to learn at the bank after the 1997 financial crisis in east asia and latin america is that the macro economics to about -- stability was not enough. if you could lose a generation that you do not have the appropriate food and nutrition. literally a generation, because it could affect the potential of children to reach potential. we have been working with developing countries at different stages of development on basic safety net programs. just to give you one, the people know pretty well, mexico started something, conditional programs. they go to the 15% most needy and on the condition that people send their children to school and people get health checkups, probably doing more for women's health that in mexico than anything else in the history of
to compete with china, india and europe on the global change. my amendment is about priorities, the priorities of the people we represent, because i face slashing programs for seniors, young people, middle class, all because we are afraid of the influence of big oil? that is wrong on so many levels. i come from a family of entrepreneurs. my mom started a small business and my father helped grow a business from four to 3,200. i get it. i have tremendous respect for companies to have grown to that size. if they have a corporate jet, i don't begrudge them. that's great. but we agree our deficit must be reduced and why can't we ask them, people with big oil and corporate jets give us a hand and make this country great. you know, a hardware store in a county in my district, how is it they pay more in taxes than the big companies that are shipping jobs overseas? i can't explain that to that family. i cannot do that. and my constituents are hurting in upstate new york. some of them at the time of huge corporate profits can hardly afford to fill their gas tanks. there is one value we s
Search Results 0 to 3 of about 4